8, ANDERRI WAY, SHANKLIN, PO37 7EF - £302,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 ANDERRI WAY is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £302,493. It was last sold for £302,500 in January 2022, which was around 25% below the average January 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

8 ANDERRI WAY Sold Prices

Land registry data shows two sales for 8 ANDERRI WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 8 ANDERRI WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 7 JAN	£302,500	£401,082	25% below HPI
1996 11 SEP	£60,000	£70,333	15% below HPI

8 ANDERRI WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 8 ANDERRI WAY sales from September 1996 and January 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 ANDERRI WAY be worth now?

8 ANDERRI WAY might now be worth an estimated £302,493.

This is based on house price deflation of 0%, between January 2022 and December 2024, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0% deflationary decrease is applied to the most recent sale price for 8 ANDERRI WAY of £302,500 on 7th January 2022. For the value to have decreased from £302,500 to £302,493 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 8 ANDERRI WAY has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2022 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of 8 ANDERRI WAY has not materially changed since January 2022.

How Large is 8 ANDERRI WAY?

8 ANDERRI WAY is 69m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shanklin, and where 8 ANDERRI WAY lies on this distribution: 10% of detached houses houses are smaller than 8 ANDERRI WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

8 ANDERRI WAY: Plot and Title Map

8 ANDERRI WAY sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 8 ANDERRI WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 ANDERRI WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 ANDERRI WAY?

8 ANDERRI WAY is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 8 on ANDERRI WAY.